“Education is a bubble in a classic sense. To call something a bubble, it must be overpriced and there must be an intense belief in it. Housing was a classic bubble, as were tech stocks in the ’90s be…
Nigerian startups will perish for lack of data
Before the Nigerian in you starts screaming “God forbid”, chill first. Question: How important is data in business? Answer: as important as growth is to that business. Can a business survive without d…
The 20 most popular Nigerian eCommerce sites
Running an eCommerce startup/company in Nigeria is hard. Having to handle logistics, deal with traffic problems in some cities (Lagos, I see you), database management, and all that in the midst of eco…
The 9 startups from 440ng’s first cohort: Where are they now?
Following its successes incubating startups like Jobberman and Cheki, Chika Nwobi‘s Lagos-based L5Lab partnered with Kresten Buch‘s Nairobi 88mph to launch 440ng — an accelerator pr…
What the FinTech landscape in Nigeria looks like right now
Over the years, FinTech has grown beyond money transfer platforms. It has expanded to include many forms of technological innovation in the financial sector. FinTech innovations have changed the way w…
Mi against Mi: A look at the brief Xiaomi vs Mi-Fone situation
“No winners when it’s me against me, one of us just ain’t gonna survive My heart been broke for a while, your’s been the one keepin’ me alive” – Lupe Fiasco ‘…
Mosquitoes will help us wipe out malaria. Here’s how
In the last ten years, I’ve fallen sick three times, and on all three occasions, it was malaria. I remember going down with malaria during my first weekend in NYSC orientation camp. It was in Septembe…
5 of the best laptops you can get for ₦150k or less
Laptops, like houses and almost everything else, are getting more expensive in Nigeria. Blame it on the state of the Naira and the high foreign exchange rates. So while foreign laptop manufacturers ar…
Why the MTN fine reduction doesn’t make sense
I think Nigerians might be witnessing the making of one helluva blockbuster movie and not know it yet. First NCC hit MTN Nigeria with an outrageous $5.2 billion fine. Then it reduced the fine to $3.9 …
The case for a co-living space listing website in Nigeria
Co-working spaces are a big deal in Lagos. Now I’m house hunting and I think the idea of a co-living space listing website is worth considering.…
Are startups really creating good jobs in Nigeria?
Someone asked a question, “Do startups create good jobs?” and got the response, “Well, not if you care about earning money.” On the surface, it seems like a cheeky answer that might be as funny as it …
Should Nigerian entrepreneurs share ideas more often?
“An idea is only as good as its execution.” That quote has been passed around so many times I don’t even know who said it first. But the statement is as true as Nigerian party jollof rice is awesome. …
Uber, the sharing economy, and the future of transportation in Lagos
CNN says Uber could be bigger in Lagos than it is in London. In its first 16 months, Uber provided 30% more rides in Lagos than it did during its first 16 months in London. Considering the fact that t…
5 powerful business lessons from successful entreprenuers
Since February 2015, Techpoint.ng has been running the Founders’ Table series where we interview Nigerian startup founders and ask them for insight into what inspires them, their business operations a…
What’s happening to eCommerce in Nigeria?
Web traffic on the major eCommerce sites in Nigeria is at an all time low. Konga fell 113 places in global web ranking during the first three months of 2016. Jumia Nigeria fell by 183. Although Kaymu’…
The fall of data prices in Nigeria and what it means for us
A few days ago, ₦3,000 would have gotten you 6GB of internet data on Globacom’s network. Today, that will fetch you 12GB. That is insanely cool. A month ago, ₦3,500 was enough to buy 4GB on the Airtel…
3 valuable lessons on New Media for Nigerians
I spent my Friday at the 2016 New Media Conference looking for interesting stories and ideas. From the keynote address by Lola Masha, country manager of OLX Nigeria, to the panel sessions, there are t…
A look at the 2016 budget: What’s in it for tech development in Nigeria?
Sahara reporters recently published a list of detailed ministerial and presidential budgets for 2016 . When Muyiwa asked me on Monday to take a look at the budget for the Nigerian Ministry of Communic…
How to get a drone permit in Nigeria. Hint: It could kill you
Allow me to paraphrase Ayo Sogunro: everything in Nigeria is designed to kill you. And it’s what doesn’t kill you that makes you, well, Nigerian. Let’s get one thing straight. The NCAA hasn’t exactly …
Nigeria suspends talks with MTN on $3.9bn fine. The roller coaster goes on
The Nigerian Federal Government has taken MTN Nigeria on a roller coaster ride since it slapped the telecoms giant with a $5.2 billion fine in October 2015. The fine was slashed to $3.9 billion in Dec…